Energy Vault Holdings reported revenue of $17.37M and net income of -$29.89M for the quarter ended Jun 2026, up 104.1% year over year. This income statement covers 23 quarters of results from Dec 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||
| Revenue | 42.88M | 0.98M | 1.69M | 100.32M | 11.42M | 39.68M | 172.21M | 118.24M | 7.76M | 3.77M | 1.20M | 33.47M | 8.53M | 8.51M | 33.32M | 153.31M | 21.88M | 17.37M | |||||
| Cost of RevenueCost of Rev | 0.57M | 1.62M | 84.39M | 9.00M | 35.73M | 165.06M | 114.22M | 5.69M | 2.72M | 0.72M | 30.88M | 3.66M | 6.00M | 24.31M | 121.72M | 17.09M | 11.99M | ||||||
| Gross Profit | 42.88M | 0.41M | 0.07M | 15.94M | 2.42M | 3.95M | 7.15M | 4.02M | 2.07M | 1.05M | 0.48M | 2.59M | 4.88M | 2.52M | 9.01M | 31.59M | 4.79M | 5.38M | |||||
| Operating items | |||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 1.20M | 5.20M | 0.10M | 0.20M | 0.20M | 0.20M | 0.20M | 0.20M | 0.40M | 0.20M | 0.10M | 0.10M | 0.20M | ||||||||||
| Research & DevelopmentR&D | 1.70M | 2.99M | 9.66M | 8.63M | 11.65M | 13.84M | 11.18M | 10.22M | 8.16M | 7.55M | 6.97M | 6.95M | 5.70M | 6.38M | 4.14M | 4.07M | 3.36M | 3.38M | 2.91M | 2.87M | |||
| Selling, General & AdministrativeSG&A | 3.76M | 9.44M | 9.81M | 10.61M | 12.88M | 23.36M | 19.40M | 17.01M | 15.81M | 15.69M | 15.35M | 15.84M | 15.41M | 16.37M | 17.51M | 19.11M | 19.80M | 24.76M | 21.24M | 22.65M | |||
| Restructuring CostsRestructuring | 20.59M | ||||||||||||||||||||||
| Other Operating ExpensesOther Opex | -5.14M | -11.96M | 4.18M | -0.56M | 0.01M | 0.21M | 4.02M | 4.84M | 4.52M | ||||||||||||||
| Operating ExpensesOpex | 0.32M | 0.47M | 40.05M | 20.45M | 29.73M | 37.30M | 30.78M | 27.43M | 28.38M | 28.21M | 26.70M | 28.93M | 27.56M | 53.00M | 25.77M | 30.66M | 26.59M | 39.33M | 28.99M | 30.04M | |||
| Operating IncomeOp. Inc | -5.61M | -12.82M | 20.84M | -21.97M | -36.21M | -25.74M | -32.94M | -28.36M | -21.24M | -24.20M | -24.63M | -27.89M | -27.07M | -50.41M | -20.89M | -28.15M | -17.58M | -7.74M | -24.20M | -24.66M | |||
| EBIT | -5.61M | -12.82M | 20.84M | -21.97M | -36.21M | -25.74M | -32.94M | -28.36M | -21.24M | -24.20M | -24.63M | -27.89M | -27.07M | -50.41M | -20.89M | -28.15M | -17.58M | -7.74M | -24.20M | -24.66M | |||
| Non-operating items | |||||||||||||||||||||||
| Non Operating Interest Expenses | 0.00M | 0.00M | 0.00M | 0.02M | 0.02M | 0.01M | 0.04M | 0.04M | 0.03M | 0.10M | 2.52M | 2.78M | 3.07M | 3.47M | 4.19M | ||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 0.00M | 0.01M | |||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 1.92M | 2.00M | 1.83M | 1.75M | 1.44M | 0.53M | 0.32M | 0.31M | 0.20M | 0.27M | 0.57M | 0.70M | |||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.55M | 0.07M | -0.28M | -0.28M | -0.10M | 0.34M | -0.16M | 0.22M | 0.13M | 0.78M | 1.67M | -0.02M | -0.94M | 0.88M | -0.51M | -2.51M | -1.12M | -2.24M | -5.25M | -2.18M | |||
| Non Operating IncomeNon Op. Inc. | 1.38M | -2.30M | |||||||||||||||||||||
| Net income details | |||||||||||||||||||||||
| EBT | -6.16M | -12.75M | -19.95M | -6.13M | -28.58M | -23.21M | -31.17M | -26.16M | -19.34M | -22.12M | -21.14M | -26.20M | -26.62M | -61.79M | -20.79M | -32.86M | -21.28M | -20.96M | -32.48M | -28.84M | |||
| Tax ProvisionsTaxes | 0.00M | 0.13M | 0.04M | 0.20M | 0.03M | 0.00M | -0.40M | 0.05M | 0.07M | 0.40M | 2.10M | 5.54M | -0.24M | 0.00M | 0.90M | ||||||||
| Profit After TaxPAT | -6.70M | -12.75M | -20.08M | -6.18M | -28.77M | -23.75M | -31.17M | -26.34M | -19.03M | -22.70M | -21.22M | -26.20M | -26.67M | -62.14M | -21.17M | -35.46M | -26.82M | -20.73M | -32.50M | -29.89M | |||
| Income from Non-Controlling InterestsInc. Minority | -0.01M | -0.02M | -0.03M | -0.04M | -0.01M | -0.00M | -0.00M | ||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -6.16M | -12.75M | -20.08M | -6.18M | -28.78M | -23.23M | -31.17M | -26.16M | -18.94M | -22.18M | -21.14M | -26.20M | -26.62M | -61.86M | -21.19M | -34.96M | -26.82M | -20.72M | -32.48M | -29.74M | |||
| Consolidated Net IncomeConsol Net Inc. | -6.16M | -12.75M | -20.08M | -6.18M | -28.78M | -23.23M | -31.17M | -26.16M | -18.94M | -22.18M | -21.14M | -26.20M | -26.62M | -61.86M | -21.19M | -34.96M | -26.82M | -20.72M | -32.48M | -29.74M | |||
| Income towards Parent CompanyParent Net Inc | -6.16M | -12.75M | -20.08M | -6.18M | -28.78M | -23.23M | -31.17M | -26.16M | -18.94M | -22.18M | -21.14M | -26.20M | -26.62M | -61.86M | -21.19M | -34.96M | -26.82M | -20.72M | -32.48M | -29.74M | |||
| Net Income towards Common StockholdersNet Income | 0.85M | -2.17M | -20.08M | -6.18M | -28.78M | -23.23M | -31.17M | -26.16M | -18.94M | -22.18M | -21.14M | -26.20M | -26.62M | -61.86M | -21.19M | -34.96M | -26.82M | -20.72M | -32.48M | -29.74M | |||
| Additional items | |||||||||||||||||||||||
| EPS (Basic) | 0.02 | -0.07 | -0.25 | -0.05 | -0.21 | -0.19 | -0.22 | -0.18 | -0.13 | -0.16 | -0.14 | -0.18 | -0.18 | -0.41 | -0.14 | -0.22 | -0.16 | -0.13 | -0.19 | -0.17 | |||
| EPS (Diluted) | 0.03 | -0.07 | -0.25 | -0.05 | -0.21 | -0.19 | -0.22 | -0.18 | -0.13 | -0.16 | -0.14 | -0.18 | -0.18 | -0.41 | -0.14 | -0.22 | -0.16 | -0.13 | -0.19 | -0.17 | |||
| Shares Outstanding | 35.94M | 32.77M | 80.81M | 133.78M | 140.30M | 123.24M | 139.67M | 142.76M | 143.87M | 142.85M | 147.02M | 149.14M | 150.81M | 149.85M | 153.72M | 156.91M | 163.33M | 160.53M | 171.87M | 178.10M | |||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 28.75M | 32.77M | 80.81M | 133.78M | 140.30M | 123.24M | 139.67M | 142.76M | 143.87M | 142.85M | 147.02M | 149.14M | 150.81M | 149.85M | 153.72M | 156.91M | 163.33M | 160.53M | 171.87M | 178.39M | |||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 35.94M | 32.77M | 80.81M | 134.44M | 137.84M | 138.53M | 141.39M | 142.70M | 143.44M | 146.58M | 147.87M | 150.14M | 151.54M | 153.21M | 154.24M | 160.69M | 166.65M | 168.97M | 174.15M | 179.94M | |||
| EBITDA | -5.61M | -12.82M | 20.84M | -20.77M | -31.01M | -25.64M | -32.74M | -28.16M | -21.04M | -24.00M | -24.43M | -27.48M | -26.88M | -50.31M | -20.79M | -27.95M | -17.58M | -7.74M | -24.20M | -24.66M | |||
| Interest ExpensesInt Expense | 0.00M | 0.00M | 0.00M | 0.02M | 0.02M | 0.01M | 0.04M | 0.04M | 0.03M | 0.10M | 2.52M | 2.78M | 3.07M | 3.47M | 4.19M | ||||||||
| Tax Rate | -0.01% | -0.64% | -0.73% | -0.70% | -0.12% | -0.02% | 2.07% | -0.23% | -0.11% | -1.92% | -6.39% | -26.01% | 1.13% | 0.00% | -3.12% |